Global Night Skin Care Products Market 2016-2020

Market overview of night skin care products

Night skin care products are used to prevent the symptoms of aging, pimples, acne, wrinkles, and black patches on the skin and include products like creams, serums, and masks. The global market for night skin care products is positively affected by the growing awareness of night skin care products, increase in consumer income levels in developing countries, rise in aging population, and the introduction of improved quality and innovative products. Furthermore, factors such as the populace’s growing preference for health-consciousness and increasing awareness about the harmful effects of synthetic products will lead to this market’s moderate CAGR of nearly 5% by 2020.

Technavio’s market research analyst has estimated factors like the augmented demand for natural night skin care products to spur the prospects for market growth until the end of 2020. Most beauty and personal care products contain petroleum derivatives and synthetic products like mineral oil, paraffin, and propylene glycol. Since these synthetic products encourage the use of fossil fuels, which are both harmful to human health and the environment, their demand during the forecast period will witness a stark decline. Growing concerns about the environment and the high demand for natural skin care products will compel manufacturers to invest in green chemistry while manufacturing their products. This will lead to advances in night skin care product formulations and new product innovations over the next few years.

Geographical segmentation of the night skin care products market

• Americas
• APAC
• Europe
• MEA

The APAC region will be the largest market for night skin care products during the forecast period and will account for an impressive market share of more than 38% by 2020. The rising demand for skin lightening products is an emerging trend in the region, and this is anticipated to boost the sales of night skin care products during the predicted period. Also, factors such as the recent increase in urbanization and disposable income will also aid in the growth of this market in APAC until 2020.

Competitive landscape and key vendors

The global market for night skin care products market is competitive as the providers in this market compete on the basis of product differentiation, product portfolios, quality, and pricing to gain maximum market shares. Many providers in this market are planning on expanding their businesses to emerging markets such as Latin America and APAC as it will help them to aggrandize their revenue generating capacity.

Leading vendors in this market are -

• Avon
• Beiersdorf
• Estée Lauder
• L'Oreal
• P&G
• Shiseido

Other prominent vendors analysed in this market study are AmorePacific, Amway, Chanel, Clarins, Conair, Coty, Lotus Herbals, Mary Kay, Missha, Nature Republic, Oriflame, Rachel K Cosmetics, Revlon, Skin Food, and The Face Shop.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global night skin care products market?
• What are the key market trends impacting the growth of the global night skin care products market?
• What are the challenges to market growth?
• Who are the key vendors in the global night skin care products market?
• What are the market opportunities and threats faced by the vendors in the global night skin care products market?
• Trending factors influencing the market shares of the Americas, APAC, Europe, and MEA.
• What are the key outcomes of the five forces analysis of the global night skin care products market?

Technavio also offers customization on reports based on specific client requirement.

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